The articles, the opinions, the stories and the cartoons, Ovi magazine covers for Saturday 23rd, 2021
The incorporation dilemma by Prem Bashani J
The decision whether to incorporate a business or not is an important decision to make for all businesses at some point of time. The lack of awareness among entrepreneurs and/or the obscure knowledge of the pros and cons of incorporation, together with the uncertainties and risks associated with businesses, drive the decisions of start-up businesses whether or not to incorporate. Added to this, the dilemma as to whether it’s prudent to discuss your business idea with others makes the decision even more tricky. Nevertheless, it’s advisable to consult experts before starting a business. Because, very often the bulk of the incentives coming from government policies associated with businesses are given on the basis of the date of commencement, seed capital and the transparency that comes with the project proposals.
In reality, people just start companies either incorporated or not on the basis of their immediate necessities. Therefore, to kickstart the business and to postpone the decision to incorporate, if the start-up idea allows, is often seen as the ideal way to start a business in most jurisdictions worldwide.
To understand and analyse what suits your business depends on what you plan or expect your business to be like. There are certain fundamentals that usually drive an entrepreneur at the time of starting a business: –
Continue reading HERE!
Beneath dark clouds #poem by David Barger
“The sky is behind dark clouds,
And the moon
Still pulls away somehow
Lighting the night
In a shade of different blue.”
Continue reading HERE!
AntySaurus Prick 21#20 #cartoon by Thanos Kalamidas
For more AntySaurus Prick, HERE!
For more Ovi Cartoons, HERE!
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